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2023
Flag → Flag
Exports $6.95kRnk 215 / 217
2023
Flag → Flag
Top Product $4.51kAir Pumps
2023
Flag → Flag
Exports $268kRnk 15 / 74
2023
Flag → Flag
Top Product $254kProcessed Crustaceans
2023
Flag
Economic Complexity (ECI) ECI 1.62Rnk 6 / 132
2023
Flag  
GDP$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH63%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC $84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195

About

Singapore-Eritrea Trade: In 2023, Singapore exported $6.95k to Eritrea. The main products that Singapore exported to Eritrea were Air Pumps ($4.51k), Computers ($1.25k), and Machinery Having Individual Functions ($1.19k). Over the past 6 years the exports of Singapore to Eritrea have decreased at an annualized rate of 20.6%, from $27.8k in 2017 to $6.95k in 2023.

In 2023, Singapore did not export any services to Eritrea.

Eritrea-Singapore Trade: In 2023, Eritrea exported $268k to Singapore. The main products that Eritrea exported to Singapore were Processed Crustaceans ($254k), Machinery Having Individual Functions ($8.45k), and Non-Knit Active Wear ($2.42k). Over the past 6 years the exports of Eritrea to Singapore have increased at an annualized rate of 47.8%,  from $37.9k in 2017 to $268k in 2023.

In 2023, Eritrea did not export any services to Singapore.

Comparison In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62),  and 24 in total exports ($333B). That same year, Eritrea ranked 169 in total exports ($529M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Singapore exported $6.95k to Eritrea. The main products exported from Singapore to Eritrea were Air Pumps ($4.51k), Computers ($1.25k), and Machinery Having Individual Functions ($1.19k). During the last 6 years the exports of Singapore to Eritrea have decreased at an annualized rate of 20.6%, from $27.8k in 2017 to $6.95k in 2023.

In 2018, Eritrea exported $268k to Singapore. The main products exported from Eritrea to Singapore were Processed Crustaceans ($254k), Machinery Having Individual Functions ($8.45k), and Non-Knit Active Wear ($2.42k). During the last 5 years the exports of Eritrea to Singapore have increased at an annualized rate of 47.8%, from $37.9k in 2023 to $268k in 2018.

Exports from Singapore (Flag) to Eritrea (Flag) (2023)

Exports from Eritrea (Flag) to Singapore (Flag) (2023)

Latest Data

Trade between Singapore (Flag) and Eritrea (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$44.5B
Eritrea
Top DestinationChina$355M

This map shows whether countries import more from Singapore or Eritrea. Each country is colored based on the difference in imports they receive from Singapore and Eritrea or the difference in the growth in imports.

In 2023, countries that imported more from Singapore than Eritrea included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

In 2023, no countries were registered that imported more from Eritrea than from Singapore.

Difference in imports from Eritrea (Flag) and Singapore (Flag) (2023)

Comparative Advantage Singapore - Eritrea

Flow
Scale

This chart compares trade between Singapore and Eritrea by product, considering products traded by both, Singapore and Eritrea.

During 2023, Singapore had a large net trade with Eritrea in the exports of Machines ($6.95k).

During 2018, Eritrea had a large net trade with Singapore in the exports of Foodstuffs ($254k), Machines ($8.9k), and Textiles ($3.86k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Singapore and Eritrea. This means that a dot/product with the flag of Singapore indicates it has a comparative advantage over Eritrea. Similarly, a dot/product with the flag of Eritrea indicates it has a comparative advantage over Singapore.

Product Space of Singapore (Flag) and Eritrea (Flag) (2023)

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